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Audit Oversight Specialist

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Job Location drjobs

Alexander City - USA

Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Job Description

Functional Role: Audit Oversight Specialist

Hybrid in Mount Laurel NJ

Contract

Key Points:

  • Seeking candidates with audit/regulatory experience especially in IT. Former auditors would be ideal candidates.
  • Strong communication skills are essential.
  • Experience in Capital Markets is a plus but not as critical as former audit experience.

Job Description:

  • Lead the assessment and monitoring of nontechnical risk processes and control operations across the organization focusing on areas such as compliance AML HR legal fraud and operational risk.
  • Develop implement and maintain policies and standards to manage nonfinancial risks in alignment with regulatory requirements and industry best practices.
  • Collaborate with business units to identify evaluate and mitigate nonfinancial risks ensuring robust control environments are established and effectively monitored.
  • Coordinate with compliance legal and regulatory teams to stay informed of new regulations and changes to existing laws analyzing their impact on the nonfinancial risk framework and control operations.
  • Facilitate the development and implementation of risk mitigation strategies control improvements and corrective action plans in response to identified risk exposures audit findings or regulatory reviews.
  • Conduct regular reviews and audits of business processes and controls to ensure compliance with established policies standards and regulatory requirements.
  • Provide expert guidance and support to business units in understanding and fulfilling their nonfinancial risk management responsibilities.
  • Prepare and present detailed reports and analyses to senior management and relevant committees highlighting the status of nonfinancial risks control effectiveness and compliance with regulatory requirements.

Required Skills:

  • Bachelors degree in Business Administration Finance Law or a related field. Advanced degrees or professional certifications related to risk management compliance or audit (e.g. CRISC CAMS) are preferred.
  • 35 years (57 years for L10) of experience in risk management within the banking or financial services sector with proven experience in process and controls operations assessment.
  • Extensive knowledge of regulatory requirements and industry standards related to compliance AML HR legal fraud and operational risk.
  • Demonstrated ability to develop and implement risk management policies and control frameworks.

Additional Desired Qualifications:

  • Strong analytical and problemsolving skills with a keen attention to detail and the ability to address complex risk and control issues.
  • Excellent communication and interpersonal skills able to effectively engage with and influence stakeholders across various levels of the organization.
  • Proficient in risk assessment methodologies and tools with the ability to conduct thorough reviews and audits of business processes and controls.
  • Strategic thinker with the foresight to anticipate changes in the regulatory landscape and their implications for nonfinancial risk management practices.
  • Strong project management and organizational abilities with the capacity to manage multiple priorities and initiatives simultaneously.

Employment Type

Full Time

Company Industry

About Company

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